Show from 06/14/24

Host Jeremy Schwartz and Professor Siegel start this week by discussing the latest inflation data and the Fed meeting outcomes. Professor Siegel highlights that inflation numbers across various indices have met or fallen below expectations, and he anticipates a potential rate cut by the Fed based on the current data trends. Additionally, Siegel touches on the job market’s stability and the strong performance of specific tech stocks despite a narrow market rally. (10:04) Jeremy continues the conversation with Philippe Gijsels, who introduces his new book “The New World Economy in Five Trends.” They discuss the long-term inflationary trends driven by aging demographics, climate change, and debt, and the role of innovation in potentially countering these trends. Gijsels elaborates on the importance of real assets in an inflationary environment. The two also discuss the significance of geopolitical shifts, and the potential for significant developments in commodities and clean tech sectors.

Guest: Philippe Gijsels is an enthusiastic investment professional, a rare exception who managed to turn his hobby into a profession. He studied economics and financial analysis, read tons of books on investing and many other topics and has now been working for the Fortis ‘family’, which was renamed BNP Paribas Fortis, for almost 20 years. The integration of the bank into the BNP Paribas group opened up a whole new world of contacts and information for him.

Learn more about Philippe at: https://www.bnpparibasfortis.com/newsroom/press-release/philippe_gijsels_appointed_chief_strategy_officer_at_bnp_paribas_fortis

Follow Philippe on LinkedIn: linkedin.com/in/philippe-gijsels-5563131